As we can see, it broke out of the giant triangle, but still is forming a falling wedge on the .786 fib retrace. So I do think we will atleast go for a retest of the triangle in the coming weeks.
Have a good one.
Have a good one.
Note
we need good volume now at retest of upper wedge resistance. daily candle doesnt look any good thoughTrade closed: stop reached
Note
still belive fib support will be strong thoughNote
I think its going for 6440Note
might bounce from hereTrade active
reentryNote
good volume at 6440 region, lets see where this goesDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.